diff --git a/server_addon/timers_manager/client/ayon_timers_manager/version.py b/server_addon/timers_manager/client/ayon_timers_manager/version.py
index 485f44ac21..95e413aaac 100644
--- a/server_addon/timers_manager/client/ayon_timers_manager/version.py
+++ b/server_addon/timers_manager/client/ayon_timers_manager/version.py
@@ -1 +1,3 @@
-__version__ = "0.1.1"
+# -*- coding: utf-8 -*-
+"""Package declaring AYON addon 'timers_manager' version."""
+__version__ = "0.2.0"
diff --git a/server_addon/timers_manager/package.py b/server_addon/timers_manager/package.py
index bd6b81b4b7..32dc7cfbf4 100644
--- a/server_addon/timers_manager/package.py
+++ b/server_addon/timers_manager/package.py
@@ -1,3 +1,10 @@
 name = "timers_manager"
 title = "Timers Manager"
-version = "0.1.1"
+version = "0.2.0"
+
+client_dir = "ayon_timers_manager"
+
+ayon_required_addons = {
+    "core": ">0.3.2",
+}
+ayon_compatible_addons = {}